Fair Market Value Capital Partners and TD Asset Management, two private equity firms, agreed to acquire a 28% stake in PSA, a port operator, from PSA International, a global port operator, for €330m. "This investment in PSA Italy is the culmination of a decade long professional relationship with PSA. We are delighted to be partnering yet again with PSA, a truly global leader in the ports and terminal business, on investing in this prime asset. We are impressed by the world-class operation run by PSA Italy's management and employees. PSA Italy is the leading portfolio of gateway terminals in Italy and is uniquely positioned to provide green logistics services to its highly industrious customer base in Northern Italy and beyond. We look forward to building on the strong relationship we have with both PSA and TDAM, through this investment in PSA Italy," Frederic Michel-Verdier, Fair Market Value Capital Partners Founding Partner & CEO.